THE KING AGHA

Active

Private limited companyfounded 2019active for 7 yearsOudesmidsestraat 20, 1700 Dilbeek, Belgium489 active companies are registered at this addressKBO/BCE: BE 0729.739.908

Summary

The computed 12-month bankruptcy probability of THE KING AGHA is 8.4% (elevated). For THE KING AGHA, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €663 and a net result of -€1,480. Equity is shrinking by about 44% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2023. The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

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THE KING AGHAActive

Risk analysis Report Compare

Activity

Activity not known1 site

Size

€1,951total assets 2022

Equity: €663
Loss: -€1,480

Turnover not published (micro format)

Financial health

Bankruptcy probabilitywithin 12 months: 8.4%

2022 figures too old to score

Structure

Accounts 814 days overdue0 of 4 deeds read

Signalsraises riskFigures for financial year 2022 (filed 06-09-2023)3 financial years not filed after the legal deadline; latest accounts 32 days late; 2 of the last 3 lateSector: Food and beverage service activities (NACE 56)Two or more financial years not filedlowers riskLiquidity: current ratio 1.51, cash €1,348neutralFiled after the deadlineShow the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2022 are too old to assess current financial health.

Bankruptcy probability: Elevated

Filing: At least two filing cycles are missing

Financial strength, FY 2022 · tick = 2021

Weak

Solvency 59-36

equity 34.0% of total assets

Liquidity 65-23

short-term debt 66.0% · cash 69.1%

Profitability 0-4

return on assets -75.8%

Bankruptcy probability, 12 months

8.4% Elevated

0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,755 companies, NACE 56, micro)

Last 24 months 11-2024: 8.1% 12-2024: 9.4%▲ +1.3 percentage points vs 11-2024 01-2025: 11.6%▲ +2.2 percentage points vs 12-2024 02-2025: 11.6%● unchanged vs 01-2025highest value 03-2025: 7.2%▼ -4.4 percentage points vs 02-2025 04-2025: 6.6%▼ -0.6 percentage points vs 03-2025 05-2025: 6.6%● unchanged vs 04-2025 06-2025: 6.5%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 6.6%▲ +0.1 percentage points vs 06-2025 08-2025: 8.2%▲ +1.6 percentage points vs 07-2025 09-2025: 8.2%● unchanged vs 08-2025 10-2025: 9.0%▲ +0.8 percentage points vs 09-2025 11-2025: 9.0%● unchanged vs 10-2025 12-2025: 9.0%● unchanged vs 11-2025 01-2026: 9.0%● unchanged vs 12-2025 02-2026: 9.0%● unchanged vs 01-2026 03-2026: 8.9%▼ -0.1 percentage points vs 02-2026 04-2026: 8.9%● unchanged vs 03-2026 05-2026: 8.9%● unchanged vs 04-2026 06-2026: 8.9%● unchanged vs 05-2026 07-2026: 8.9%● unchanged vs 06-2026 08-2026: 8.4%▼ -0.5 percentage points vs 07-2026 09-2026: 8.4%● unchanged vs 08-2026 10-2026: 8.4%● unchanged vs 09-2026

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Signals

Six signals.

lowers riskraises riskneutral

Figures for financial year 2022 (filed 06-09-2023)

NBB · annual accounts

3 financial years not filed after the legal deadline; latest accounts 32 days late; 2 of the last 3 late

NBB · filings

Liquidity: current ratio 1.51, cash €1,348

NBB · annual accounts

Sector: Food and beverage service activities (NACE 56)

KBO

Two or more financial years not filed

Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 3 filings

Position against the passed deadline

31-12-2023 year end31-07-2024 deadline23-10-2026 today

Filed after the deadline

The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 01-09-2023, 32 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 3 filings

Deviation from the deadline

2025

not filed

2024

not filed

2023

not filed

2022

32 days late

2021

31 days late

2020

1 day early

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 3 accounts on average 21 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage